Rapid Refill Ink

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FAQs

Frequently Asked Questions

What is a Rapid Refill Ink franchise agreement?
What are the general requirements for a potential Rapid Refill Ink Franchisee?
Do I need to be a computer or printer expert to be a successful franchisee?
What are the minimum financial requirements for a Rapid Refill Ink Franchisee?
What markets are available for new stores?
Are there different types of Rapid Refill Ink stores?
Can I open more than one location?
How do I apply to become a Rapid Refill Ink Franchisee?
What is the franchise fee to open a Rapid Refill Ink store?
Does Rapid Refill Ink offer financing to franchisees to open stores?

What is a Rapid Refill Ink franchise agreement?

The franchise agreement gives franchisees access to the Rapid Refill Ink operating system, training, support, brand and other attributes. In exchange, the franchisee agrees to certain conditions on how they can operate their business and pays royalties to Rapid Refill Ink based upon the franchise’s revenue. The franchise agreement is a legal document establishing the responsibilities of both franchisees and Rapid Refill Ink and governs our relationship together. The Rapid Refill Ink franchise agreement has an initial term of ten (10) years, and can be renewed for three (3) additional ten (10) year terms.

What are the general requirements for a potential Rapid Refill Ink Franchisee?

At Rapid Refill Ink we are looking for franchisees interested in building a thriving business. Because we have dual channels of revenue – consumer retail and business-to-business – franchisees also must understand the need to provide great customer service, think like a retailer (location, convenience, quality, hours and service), understand how to network and build relationships with a focus on selling to other businesses, and willing to roll up their sleeves and make the business thrive.

Our franchisees come from a wide variety of professional backgrounds and every one of them brings different experiences. A Rapid Refill Ink franchisee requires the dedication and the willingness to learn from those who came before you, following our operating system to drive your business forward.

Do I need to be a computer or printer expert to be a successful franchisee?

Absolutely not! While we do expect Rapid Refill Ink franchisees to have a base knowledge of computers and printers, you do not need to have prior printer repair experience or advanced computer knowledge.

What are the minimum financial requirements for a Rapid Refill Ink Franchisee?

Minimum Investment: $94,225
Minimum Cash Required: $50,000

Please refer to the Uniform Franchise Offering Circular, Item 7 for detailed information on the financial requirements to open a Rapid Refill Ink franchise.

What markets are available for new stores?

Because consumers and businesses in every market across the country print on paper, there is an opportunity to open Rapid Refill Ink stores just about everywhere in the U.S. We have stores coast to coast and north to south across the U.S. Because we are a local, neighborhood based business, major metro areas across the U.S. will have dozens, if not hundreds, of Rapid Refill Ink stores.

Are there different types of Rapid Refill Ink stores?

We have two different types of store configurations. While these are different from a franchisee point of view, the customer interface of each is identical. Franchisees can open either full-service stores (retail in the front of the store and cartridge remanufacturing in the rear of the store) or retail-only stores. Franchisees are free to operate either type of store, or both. Typically, the full-service store supports the retail-only location(s). Each store model operates in the same manner as far as customers are concerned. Customers are greeted in a friendly retail setting by knowledgeable store staff. Business accounts receive great business-direct service. The only difference between the operating models is the physical location where the cartridges are remanufactured.

Can I open more than one location?

Yes. The Rapid Refill Ink franchise opportunity is scalable for multiple units. Our unique Full Service and Retail-Only approach offers franchisees the ability to build multiple units economically as Retail-Only stores can be opened for significantly less than Full Service stores and have the same sales potential. Rapid Refill's current growth strategy is focused on multi-unit development and, as a result, we expect to see a higher concentration of multi-unit franchisees as the system matures.

How do I apply to become a Rapid Refill Ink Franchisee?

The best method is to complete the Get More Information form on this website. You will be contacted by a Rapid Refill Ink Development Manager to begin the evaluation process. We are looking to expand rapidly across the US and build a world class brand name. Register with Rapid Refill Ink today!

What is the franchise fee to open a Rapid Refill Ink store?

The franchise fee is $30,000 for each store. However, franchisees in most markets are eligible for a store opening discount incentive program: the Rapid Start Program. Complete the Get More Information form or call (877) 880-4465 to speak to a Development Manager to learn more about this program.

Does Rapid Refill Ink offer financing to franchisees to open stores?

Rapid Refill Ink does not offer direct financing to franchisees to open stores but we do provide referrals to franchise finance companies that understand our business, have provided financing for other franchise opportunities including Rapid Refill Ink stores, and are interested in helping Rapid Refill Ink franchisees obtain financing. There are many avenues available for financing a Rapid Refill Ink store: direct bank financing, SBA guaranteed financing, home equity lines of credit, 401(k) and other retirement financing, equipment leasing programs, partnerships, friends, and family. We encourage all franchisees to finance their business with a reputable finance company that understands franchising and understands the Rapid Refill Ink business model. There are many options for financing your franchise, you should investigate them all as you conduct your research.

For information relating to a Rapid Refill Ink franchise opportunity, please contact our Franchise Development Department. This website is not, nor should it be construed to be, an offer to sell a Rapid Refill Ink franchise. The communications are not directed by or for Rapid Refill Corp. (or its agents) to the residents of any state that requires registration of a franchise before offering and selling a franchise in that state, to the extent that Rapid Refill Ink is not registered in that state. No Rapid Refill Ink franchise will be sold to any resident of any such jurisdiction until the offering has been exempted from the requirements of, or duly registered in and declared effective by, such jurisdiction and the required Uniform Franchise Offering Circular (if any) has been delivered to the prospective franchisee before the sale in compliance with applicable law. If you have any questions concerning the registration status of Rapid Refill Ink franchises in your jurisdiction, please contact our Franchise Development Department at 877-880-4465 or franchise@rapidrefillink.com. All information is subject to change. Always refer to the Rapid Refill Ink Franchise Development Department for the most up to date information.